By: Amanda Wilson In response to President Trump's executive order requiring two regulations to be repealed for every new regulation issued and the regulatory freeze memorandum issued on Inauguration Day, an IRS official has stated that the IRS is...

By: Amanda Wilson Last Friday, I had the pleasure of moderating a panel at the IRS ABA tax section meeting on hot topics in real estate and partnership. We discussed the newly released proposed regulations implementing the new centralized...

By: Amanda Wilson The Department of Treasury and IRS have finalized the regulations defining "real property" for purposes of the REIT rules. The regulations essentially adopt the proposed regulations, which I previously discussed here. It is nice to...

By: Amanda Wilson The Foreign Investment in Real Property Tax Act (FIRPTA) subjects foreign sellers to U.S. tax when they sell their interest in real property located in the U.S., including interests in companies that predominately hold real estate....